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    This Month

    The Aussie dollar’s furious rally could continue into the second half of 2024.

    Why the Aussie dollar rally could just be getting started

    It’s a good time for Australians to be heading overseas, with the currency’s surge to a six-month high likely to extend into the second half of this year.

    • Alex Gluyas
    The Aussie dollar touched its highest level since January 9.

    Growing bets on Fed rate cuts boost $A to six-month high

    Evidence of weaker US growth and a deteriorating job market bolstered conviction that the Fed will cut rates imminently, triggering a rally in commodities.

    • Alex Gluyas

    June

    RBA governor Michele Bullock is facing fresh calls to raise the cash rate.

    Bond yields retreat as traders temper RBA rate hike fears

    Traders have pared bets that the RBA will raise rates this year, with some economists warning that financial markets overreacted to May’s inflation figures.

    • Alex Gluyas
    Bank of Japan governor Kazuo Ueda.

    Yen’s free fall exposes the Fed’s grip on markets

    The yen is plunging through milestone levels in rapid succession and likely won’t stop until the Federal Reserve finally pivots on rates.

    • Carter Johnson and Anya Andrianova
    Protesters hold flares and banners during a demonstration against the far-right and racism in central Paris.

    Why now’s a good time to visit Europe (and it’s not the Olympics)

    French political turmoil is good news for Australians heading to Europe with the dollar trading at its highest level against the euro in a year.

    • Cecile Lefort
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    The first bitcoin EFT on the ASX will list on Thursday.

    ASX bitcoin ETF launch opens gates to wider cryptocurrency industry

    The markets watchdog has told investors to “only put in what they are prepared to lose” after Australia’s main exchange operator opened the door to bitcoin.

    • Updated
    • Joshua Peach

    May

    The Australian dollar is up 2 per cent this month.

    $A bulls face disappointment on long road to pandemic high

    Traders hoping the Australian dollar will strengthen may be caught out as optimism over China’s rebound fades and the local economy falters.

    • Matthew Burgess and Michael G. Wilson
    The rally in copper prices to record highs haven’t translated to a stronger Aussie dollar yet.

    Rally hits a wall on China growth and US inflation fears

    Worries about China and hotter-than-expected business activity in the United States hit markets on Friday as traders ramped up bets against the $A.

    • Updated
    • Alex Gluyas
    Ether jumped 14 per cent overnight on ETF hopes.

    Hopes of ether ETF revived after flurry of SEC filings

    The digital token surged about 23 per cent this week and was trading at around $US3780 in Asian trading on Wednesday.

    • Isabelle Lee, Sidhartha Shukla and Emily Graffeo
    Ether jumped 14 per cent overnight on ETF hopes.

    Crypto lifted by ether’s biggest jump since 2022 on ETF hope

    Social media is alive with speculation that the US regulator may be warming to the idea of an ether exchange-traded fund.

    • David Pan, Olga Kharif and Isabelle Lee
    “The 13F releases show that the growth of bitcoin ETFs can’t just be attributed to retail traders buying in brokerage accounts,” said Stephane Ouellette, chief executive officer of FRNT Financial.

    Millennium, Point72 and Elliott are among bitcoin ETF buyers

    No matter the reason, and there could be several, Wall Street is clearly dipping its toes into the world’s largest digital asset.

    • Isabelle Lee